EPS

Vera Bradley Announces Fourth Quarter and Fiscal Year 2024 Results

Retrieved on: 
Wednesday, March 13, 2024
Pura, Comparable, Vera Bradley, Growth, Project, VRA, EPS, Accounting, Travel, Research, Sale, Acquisition, Woman, Investment, Generation Z, ABL, GAAP, Jewellery, Share repurchase, Marketing, Fiscal, Gen, Total, Retail

On a non-GAAP basis, Vera Bradley, Inc.’s consolidated fourth quarter net income totaled $3.5 million, or $0.11 per diluted share.

Key Points: 
  • On a non-GAAP basis, Vera Bradley, Inc.’s consolidated fourth quarter net income totaled $3.5 million, or $0.11 per diluted share.
  • For the prior year fourth quarter, Vera Bradley, Inc.’s consolidated net loss totaled ($28.2) million, or ($0.91) per diluted share.
  • Current year fourth quarter Vera Bradley Direct segment revenues totaled $93.0 million, a 6.6% decrease from $99.5 million in the prior year fourth quarter.
  • A conference call to discuss results for the fourth quarter and fiscal year is scheduled for today, Wednesday, March 13, 2024, at 9:30 a.m. Eastern Time.

Oportun Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, March 12, 2024
Growth, Rate, EPS, ROE, Acquisition, Sale, Principal balance, Adjustment, End, GAAP, Earnings, Marketing

Originations – Aggregate Originations for the fourth quarter were $437 million, a decrease of 28% as compared to $610 million in the prior-year quarter.

Key Points: 
  • Originations – Aggregate Originations for the fourth quarter were $437 million, a decrease of 28% as compared to $610 million in the prior-year quarter.
  • Portfolio Yield – Portfolio Yield as of the end of fourth quarter was 32.7%, an increase of 100 basis points as compared to 31.7% in the prior-year quarter.
  • Revenue – Total revenue for the fourth quarter was $263 million, essentially flat as compared to total revenue of $262 million in the prior-year quarter.
  • Cost of Debt was 7.1% for the fourth quarter of 2023 as compared to 4.8% for the prior-year quarter.

Rackspace Technology Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, March 12, 2024
Cloud, Cloud computing, EPS, Capital expenditure, Rackspace Technology, AI, Hosted Exchange, Credit, Video game

The fourth quarter of 2023 included a total of $4 million of non-cash impairment charges compared to $217 million of non-cash impairment charges in the fourth quarter of 2022.

Key Points: 
  • The fourth quarter of 2023 included a total of $4 million of non-cash impairment charges compared to $217 million of non-cash impairment charges in the fourth quarter of 2022.
  • Loss from operations was $(15) million in the fourth quarter of 2023, compared to loss from operations of $(227) million in the fourth quarter of 2022.
  • Net income was $28 million in the fourth quarter of 2023, compared to net loss of $(214) million in the fourth quarter of 2022.
  • Capital expenditures were $38 million in the fourth quarter of 2023, compared to $43 million in the fourth quarter of 2022.

Lamb Weston Reports Fiscal Third Quarter 2024 Results; Updates Fiscal Year 2024 Outlook

Retrieved on: 
Thursday, April 4, 2024
Retail, Restaurant, Bar, Supermarket, Agriculture, Natural Resources, Food, Beverage, Growth, EPS, International, ERP, Capital expenditure, Internet, Dilution, EDT, Information, Transport, Capital, Public expenditure, Adjustment, Investment, Lamb Weston, LW, GAAP, Depreciation, ID, Share repurchase, Increment

Equity method investment earnings (loss) from unconsolidated joint ventures were earnings of $1.0 million and a loss of $23.3 million for the third quarter of fiscal 2024 and 2023, respectively.

Key Points: 
  • Equity method investment earnings (loss) from unconsolidated joint ventures were earnings of $1.0 million and a loss of $23.3 million for the third quarter of fiscal 2024 and 2023, respectively.
  • The results in the current quarter also include a $4.5 million charge(1) for the write-off of excess raw potatoes at Lamb Weston RDO.
  • In the third quarter of fiscal 2024, the Company returned $40.4 million to shareholders through cash dividends.
  • Lamb Weston will host a conference call to review its third quarter fiscal 2024 results at 10:00 a.m. EDT today, April 4, 2024.

Levi Strauss & Co. Reports First-Quarter 2024 Financial Results

Retrieved on: 
Wednesday, April 3, 2024
Retail, Manufacturing, Finance, Banking, Professional Services, Women, Supply Chain Management, Online Retail, Luxury, Other Retail, Men, Other Manufacturing, Specialty, Textiles, Consumer, Fashion, Growth, Levi Strauss & Co., EPS, LEVI, Levi Strauss, DTC, Direct

Levi Strauss & Co. (NYSE: LEVI) today announced financial results for the first quarter ended February 25, 2024.

Key Points: 
  • Levi Strauss & Co. (NYSE: LEVI) today announced financial results for the first quarter ended February 25, 2024.
  • “We started the year strong delivering results above expectations, underscoring the power of the Levi’s brand and the progress we are making on our strategic priorities.
  • This shift negatively impacted Q1 2024 over 2023 by approximately $100 million or 6% of net revenues.
  • Global wholesale net revenues were down 9% to prior year when normalizing for the shift in wholesale shipments in Q1 2023.

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on WSP Global Inc. (TSX: WSP)

Retrieved on: 
Wednesday, April 3, 2024
RCN, Tax, Biography, Dimensions of globalization, Wood, Corruption, Biophysical environment, EPS, WSP, International, International Financial Reporting Standards, Church, ESG, Genivar, Policy, Classification, Transport, Public expenditure, Record, Humboldt Hill, California, CPPIB, Nature, Outline, TSX, OECD, PwC, Engineering, WSP Global, Retirement, Public sector, Geography, Language, LTM, Audit committee

The Company was formed when Canada’s Genivar Inc. (TSX: GNV) acquired WSP Group plc in the U.K. in 2012.

Key Points: 
  • The Company was formed when Canada’s Genivar Inc. (TSX: GNV) acquired WSP Group plc in the U.K. in 2012.
  • Ever since, WSP has been built largely as a roll-up acquiror and has acquired 22 companies totaling $4.3 billion since 2020.
  • As a reminder, our full report, along with its investment disclaimers, can be downloaded and viewed at www.SprucePointCap.com .
  • As disclosed, Spruce Point and/or its clients have a short position in WSP Global Inc. (TSX: WSP) and own derivative securities that stand to net benefit if its share price falls.

Simulations Plus Reports Second Quarter Fiscal 2024 Financial Results

Retrieved on: 
Wednesday, April 3, 2024
Science, Software, Research, Pharmaceutical, Health, Artificial Intelligence, Health Technology, Technology, Tax, Conference, Forecasting, Conference call, Biophysical environment, EPS, Webcast, ESG, Depreciation, GAAP

The declaration of any future dividends will be determined by the Board of Directors each quarter and will depend on earnings, financial condition, capital requirements, and other factors.

Key Points: 
  • The declaration of any future dividends will be determined by the Board of Directors each quarter and will depend on earnings, financial condition, capital requirements, and other factors.
  • To learn more about our latest initiatives and priorities, please visit our website to read our 2023 ESG update .
  • The Company believes that the non-GAAP financial measures presented facilitate an understanding of operating performance and provide a meaningful comparison of its results between periods.
  • Our management also believes that Adjusted EBITDA is useful in evaluating our core operating results.

DecisionPoint Systems Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Monday, April 1, 2024
Software, Networks, Other Retail, Hardware, Data Management, Technology, Apps, Applications, Retail, MIS, Growth, Gross income, EPS, Acquisition, Adjustment, GAAP, Health care

DecisionPoint Systems, Inc. (NYSE American: DPSI), the leading mobility-first enterprise services and solutions company and a leading provider of retail in-store solutions and services centered on Point-of-Sale systems, today announced fourth quarter and full year 2023 financial results for the period ended December 31, 2023.

Key Points: 
  • DecisionPoint Systems, Inc. (NYSE American: DPSI), the leading mobility-first enterprise services and solutions company and a leading provider of retail in-store solutions and services centered on Point-of-Sale systems, today announced fourth quarter and full year 2023 financial results for the period ended December 31, 2023.
  • Steve Smith, chief executive officer of DecisionPoint Systems, commented: “We finished off a record year on a high note, with revenue growth coming from both services and software and a hardware solutions project in the fourth quarter.
  • This performance demonstrates that our strategy to bolster our higher-margin services and software portfolio is working and has provided a level of differentiation for DecisionPoint within our industry.
  • Additionally, during the quarter, we further invested in driving long-term, higher-margin organic growth by adding several industry-experienced business development professionals to help drive growth in services and software as we head into 2024.

Pioneer Achieves 51% Year-Over-Year Increase in Revenue, Reaching $40.8 Million

Retrieved on: 
Monday, April 1, 2024
Other Energy, Hardware, EV, Electric Vehicles, Energy, Automotive, Other Automotive, Technology, Other Technology, Momentum, Miami International Airport, Growth, Infrastructure, EPS, Operating cost, Introduction, Transport, Water, Traction, Access, Bank statement, Marketing, Hand, Mazurek

Revenue was $40.8 million, as compared to $27.0 million during 2022, an increase of 51.1%.

Key Points: 
  • Revenue was $40.8 million, as compared to $27.0 million during 2022, an increase of 51.1%.
  • Loss from operations was $617,000, compared to a loss of $4.0 million during 2022, a $3.4 million improvement year-over-year.
  • The Company recognized $1.5 million of non-cash, stock-based compensation expense during 2023, as compared to $1.0 million during 2022.
  • Gross profit for 2023 was $10.4 million, or 25.5% of revenue, compared to $4.6 million, or 17.1% of revenues, for last year, an increase of $5.8 million or 840 basis points.

Bruker Selected as ‘Company of the Year’ by Instrument Business Outlook

Retrieved on: 
Monday, April 1, 2024
Health, Science, Other Science, Research, Medical Supplies, CER, Culture, Growth, Project, EPS, Corporation, Spiral Dynamics, Operational excellence, Proteomics, BRKR

Bruker Corporation (NASDAQ: BRKR) has been selected as the Instrument Business Outlook (IBO) ‘Company of the Year’ for 2023.

Key Points: 
  • Bruker Corporation (NASDAQ: BRKR) has been selected as the Instrument Business Outlook (IBO) ‘Company of the Year’ for 2023.
  • IBO cited Bruker’s double-digit organic revenue growth in 2023 in all major regions, and in all business groups, demonstrating a transformed portfolio and operational strength.
  • The IBO recognition follows Bruker’s three consecutive years of double-digit organic revenue growth.
  • IBO is a publication of SDi, a division of Science and Medicine Group, which offers custom market research and strategic advisory services.